quity is ________________ (more/less) risky than debt since equity holders receive a ________________?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA2: Investments
Section: Chapter Questions
Problem 8DQ: How does the equity method discourage the manipulation of net income by investors?
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Equity is ________________ (more/less) risky than debt since equity holders receive a ________________?

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